319 Connelly Springs Road Sw, Lenoir, NC 28645

Lenoir
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: judith sullivan
Office: raccoon realty llc.
MLS#:4423516
Source:CH
319 Connelly Springs Road Sw,Lenoir, NC 28645
$750,000
  • 8 Beds
  • 8 Baths
  • 11,000 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$750,000
  • Price per sq. ft.:$68.18

About this home

Fully rented, income-producing 8-plex in the Whitnel area of Lenoir. The property includes four commercial storefronts at road level and four residential units above, with two separate parking areas. Each commercial space is approximately 1,500 square feet with concrete slab floors, central HVAC, and a half bath. The residential units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen/living area. Apartments feature baseboard heat, window AC units, and access to a shared covered porch/balcony. One unit is currently rented fully furnished on a short-term basis. Current total rental income is $7,150 per month. Operating expenses include taxes, insurance, lawn maintenance, exterior lighting, water, and property management. Listing agent is also the property manager. No interior showings until under contract. List of improvements and expenses available upon request.

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Home facts

  • Year built:1970
  • Listing ID #:4423516
  • Updated:September 23, 2026 at 04:39 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:4
  • Half bathrooms:4
  • Flooring:Vinyl
  • Kitchen Description:Electric Range, Refrigerator
  • Living area:11,000 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Baseboard, Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Rubber
  • Year built:1970
  • Building area:11,000 sq. ft.
  • Lot area:0.51 Acres
  • Lot Features:Paved
  • Construction Materials:Vinyl
  • Exterior Features:Lawn Maintenance
  • Foundation Description:Slab

Schools

  • High school:Hibriten
  • Elementary school:Whitnel

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$68.18

Features and amenities

  • Laundry features:In Kitchen

Parking

  • Parking description:Parking Lot
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